How Much Cash Do You Really Need to Buy a Home?

Mortgages

How Much Cash Do You Really Need to Buy a Home?

How Much Cash Do You Really Need to Buy a Home?

Are you ready to buy a home? It’s an exciting—and stressful—process. When you’re taking such a huge step, you have a lot of planning and evaluating to do. As you look over your finances, you might wonder how much money do you need to buy a house? In short, many buyers come to the table... Read More

How to Get Your Credit Ready for a Mortgage

Loans

How to Get Your Credit Ready for a Mortgage

How to Get Your Credit Ready for a Mortgage

You don’t need perfect credit to buy a home. However, the higher you can get your credit score, the better the rates will be on your mortgage and the easier the process will be. Just increasing your credit score by 10-20 points can move you from fair to good credit. Increasing your credit score is... Read More

Financing a Rental Property: 4 Things You Should Know

Investing

Financing a Rental Property: 4 Things You Should Know

Financing a Rental Property: 4 Things You Should Know

Financing a rental property has its share of challenges. but it’s worth the effort if you find the right one to invest in. Investing in a rental property is an ideal way to create an abundant income source and turn it into a rewarding venture. Once you own a property, renting out a room would... Read More

US Mortgage Statistics

Loans

US Mortgage Statistics

US Mortgage Statistics

An understanding of the housing market can help you decide how you fit into it.  This post originally appeared on Finder.com.  We still don’t know the full effect the pandemic and resulting economic slowdown will have on the housing market. That said, understanding where 2019 and 2020 mortgage statistics fit into the landscape can help... Read More

Preparing Finances for a Pandemic-Era Mortgage

Loans

Preparing Finances for a Pandemic-Era Mortgage

Preparing Finances for a Pandemic-Era Mortgage

The following is a guest post by Alene Laney, of Pennies to Paradise. Tighter lending requirements mean it’s more important than ever for homebuyers to get their finances in order. Those that do will be rewarded with great mortgage rates, lower payments, and a home that provides comfort and security for years to come. Lenders... Read More

What Happens If I Miss a Mortgage Payment?

Loans

What Happens If I Miss a Mortgage Payment?

What Happens If I Miss a Mortgage Payment?

The following is a guest post by Kalicia Bateman, a finance editor for Best Company. When you’ve missed a mortgage payment your mind may immediately spiral to foreclosure. Foreclosure. It’s a big, scary word. But, it should bring you some peace of mind to know that foreclosure is not the immediate consequence for missing a... Read More

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